10 January 2010
First complete the module. Conceptual part is good in both the modules issued by the ICAI.
Regularly update your knowledge by ICAI Journal.
Recently Taxmann has published Mr. Ghosh's book on financial reporting (IFRS).
To understand Accounting Standards; D S Rawat's book is good one.
For better understanding of financial reporting; it would be helpful for you to analyse published financial statements of companies whose shares are quoted on stock exchange.